501 BRAZOS ST HOTEL 78701
| Owner | 5TH & BRAZOS PROPERTY OWNER LLC |
|---|---|
| Parcel ID | 0206032703 |
| Short ID | 958916 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 237,049 SF |
| Land SF | 13,010 SF |
| Acres | 0.299 |
| Year Built | 2020 |
| Legal | 5TH & BRAZOS CONDOMINIUM UNT HOTEL UNIT 34.75%INT IN COMMON AREA |
| Neighborhood | CBD |
| Land | $6,505,140 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,505,140 |
| Improvement | $63,090,480 |
|---|---|
| Total Improvement | $63,090,480 |
| Market | $69,595,620 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $69,595,620 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $69,595,620 |
| Taxable Value | $69,595,620 |
|---|
Appreciation: Market value has fallen -8.1% from $75,749,402 (2022) to $69,595,620 (2025), a CAGR of -2.8% over 3 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +16.2%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,424,264. Austin ISD is the largest single contributor, at 43.3% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 9% of market value ($6,505,140 land vs $63,090,480 improvements), about $500/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $69,595,620, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +0.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $77,767,573 by 2031, with an estimated annual tax burden around $1,464,941. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 237,049 SF | ✓ |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $624,510.00 | $624,510.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $353,711.48 | $353,711.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $253,695.38 | $253,695.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $79,665.53 | $79,665.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $69,795.00 | $69,795.00 | Paid |
| P2U | — | — | — | — | — | — | $61,975.00 | $61,975.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,443,352.39 | $1,443,352.39 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $624,510.00 | 43.3% |
| CAT City of Austin | 0.5240% | $353,711.48 | 24.5% |
| TCO Travis County | 0.3758% | $253,695.38 | 17.6% |
| THD Travis Central Health | 0.1180% | $79,665.53 | 5.5% |
| ACT Austin Community College | 0.1034% | $69,795.00 | 4.8% |
| P2U | — | $61,975.00 | 4.3% |
| Total | 2.0465% 5 of 6 | $1,443,352.39 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $76,639,819 | $69,595,620 | +10.1% |
| Assessed Value | $76,639,819 | $69,595,620 | +10.1% |
| Land Value | $18,214,392 | $6,505,140 | +180.0% |
| Improvement Value | $58,425,427 | $63,090,480 | -7.4% |
| Taxable Value | $76,639,819 | $69,595,620 | +10.1% |
| Total Tax 2026 = estimate |
~$1,568,422
Estimated
|
~$1,443,352
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $76,639,819 | $18,214,392 | $58,425,427 | — | $76,639,819 | $76,639,819 | Not yet — post-cert | Preliminary |
| 2025 | $69,595,620 | $6,505,140 | $63,090,480 | — | $69,595,620 | $69,595,620 | ~$1,443,352 | Partial |
| 2024 | $90,600,000 | $6,505,140 | $84,094,860 | — | $90,600,000 | $90,600,000 | $1,630,503 | Verified |
| 2023 | $96,511,000 | $6,149,445 | $90,361,555 | — | $96,511,000 | $96,511,000 | $1,645,404 | Verified |
| 2022 | $75,749,402 | $6,149,445 | $69,599,957 | — | $75,749,402 | $75,749,402 | $1,477,383 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.1% | +10.1% | ~100% | Not available | Partial |
| 2025 | -23.2% | -23.2% | ~100% | Not available | Partial |
| 2024 | -6.1% | -6.1% | ~100% | No billing data | Verified |
| 2023 | +27.4% | +27.4% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -8.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.1% | +2.0% | +0.3% | +27.4% | 2023 | -23.2% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,443,352 | $1,549,161 | ~$1,506,601 | $1,645,404 | 2023 | $1,443,352 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$76,864,054 | ~$76,864,054 | ~2.0139% | ~$1,547,993 | +0.3% |
| 2028 | ~$77,088,945 | ~$77,088,945 | ~1.9814% | ~$1,527,431 | +0.6% |
| 2029 | ~$77,314,494 | ~$77,314,494 | ~1.9488% | ~$1,506,735 | +0.9% |
| 2030 | ~$77,540,703 | ~$77,540,703 | ~1.9163% | ~$1,485,906 | +1.2% |
| 2031 | ~$77,767,573 | ~$77,767,573 | ~1.8837% | ~$1,464,941 | +1.5% |
| 2027 | ~$75,331,258 | ~$75,331,258 | ~2.0465% | ~$1,541,643 | -1.7% |
| 2028 | ~$74,045,039 | ~$74,045,039 | ~2.0465% | ~$1,515,321 | -3.4% |
| 2029 | ~$72,780,781 | ~$72,780,781 | ~2.0465% | ~$1,489,448 | -5.0% |
| 2030 | ~$71,538,109 | ~$71,538,109 | ~2.0465% | ~$1,464,017 | -6.7% |
| 2031 | ~$70,316,655 | ~$70,316,655 | ~2.0465% | ~$1,439,020 | -8.3% |
| 2027 | ~$78,396,850 | ~$78,396,850 | ~1.9977% | ~$1,566,104 | +2.3% |
| 2028 | ~$80,194,163 | ~$80,194,163 | ~1.9488% | ~$1,562,856 | +4.6% |
| 2029 | ~$82,032,680 | ~$82,032,680 | ~1.9000% | ~$1,558,635 | +7.0% |
| 2030 | ~$83,913,348 | ~$83,913,348 | ~1.8512% | ~$1,553,399 | +9.5% |
| 2031 | ~$85,837,130 | ~$85,837,130 | ~1.8024% | ~$1,547,104 | +12.0% |
In 2025, this property's market value of $69,595,620 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 50× the county median of $1,382,921. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $69,595,620 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $90,600,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $96,511,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $75,749,402 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2022–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |